(binned per thread starter’s request) Simplified Indicators by DR | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Simplified original turtle trading system 44 replies

Support and Resistance Trading Simplified 249 replies

Simplified Trailing Stop 0 replies

Simplified Version Of (Fast) Stochastic 2 replies

a software that can offer a simplified rate of any currency in your screen 0 replies

Attachments: (binned per thread starter’s request) Simplified Indicators by DR
Exit Attachments

(binned per thread starter’s request) Simplified Indicators by DR

  • #41
  • May 29, 2017 5:26pm May 29, 2017 5:26pm
An interesting approach according to me :

use of EMA 200 and 100 for trend trading.
Trigger when :

- the 2 EMA cross
or
- EMA of RSI ultimate cross above/below 0 after being a long time in opposite direction

So, this is the first point to catch the beginning of a trend.

Then you wait for first pullback after trend direction change, so you have all odds in your favor to enter for example a BUY trade at a lowest low. ( you can also use break s/r and fibo upper time frame to confirm your decision)

And now this is the time DAVG enters in the game ! :
enter on a color change : FOR BUY color bar change from orange to blue / FOR SELL color bar change from blue to orange

AVOID ENTERING TRADE ON RED OR GREEN
  • #42
  • May 29, 2017 5:48pm May 29, 2017 5:48pm
Quoting manuoz
An interesting approach according to me : use of EMA 200 and 100 for trend trading. Trigger when : - the 2 EMA cross or - EMA of RSI ultimate cross above/below 0 after being a long time in opposite direction So, this is the first point to catch the beginning of a trend. Then you wait for first pullback after trend direction change, so you have all odds in your favor to enter for example a BUY trade at a lowest low. ( you can also use break s/r and fibo upper time frame to confirm your decision) And now this is the time DAVG enters in the game !...

Allright do you have any screenshot examples from the history ?
Take it easy.
  • #43
  • May 29, 2017 5:56pm May 29, 2017 5:56pm
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 1.3 MB


2 examples :

1st vertical yellow line is an alert.
RSI is not ok, but u can see how the 2 emas on chart are very near,
supposing to cross soon so a potential trend changing, then you wait for s/r ( H1) cross up.

the 2nd vertical line is a classic pullback setup, so just wait for s/r cross up
  • #44
  • May 29, 2017 6:01pm May 29, 2017 6:01pm
Example of trend change after EMA cross+ RSI ema cross level 0

1st vertical line is a your alert with DAVG bar color change
2nd line is the entry on s/r (H1) cross + DAVG bar color change

Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 1.3 MB
  • #45
  • May 29, 2017 6:29pm May 29, 2017 6:29pm
entered a bit too late because was not in front of my screen.
But what it should have been

Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 1.4 MB
  • #46
  • May 29, 2017 6:41pm May 29, 2017 6:41pm
Quoting manuoz
entered a bit too late because was not in front of my screen. But what it should have been {image}
Interesting. I like your energy .. I guess some historical research needs to be made and some exact rules. I guess i can help you with that.

Here is today's Example GU Trade that i did follow it was shared HERE (https://www.forexfactory.com/showthread.php?p=9919799#post9919799) , Its finally going in to direction. Ofcourse its too early to speak about TP and SL Targets.
But i do like what i see.

I Removed some adittional colours to make it simpler..

I did started a small Demo acc to test trades manually with this indicators lets see how it will end up. The beauty of this type entrys you can enter with very LOW DD..
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 48 KB
Take it easy.
  • #47
  • May 29, 2017 6:44pm May 29, 2017 6:44pm
your WAVG ultimate seems to give crazy accuracy !!!!!
  • #48
  • May 29, 2017 6:46pm May 29, 2017 6:46pm
Quoting manuoz
your WAVG ultimate seems to give crazy accuracy !!!!!
We don't know yet. We need to wait , work and see...
Take it easy.
  • #49
  • May 29, 2017 6:46pm May 29, 2017 6:46pm
Update of the last example i took

Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 1.4 MB
  • #50
  • May 29, 2017 6:52pm May 29, 2017 6:52pm
Yes , But as other 1.000.000 systems something is missing here and this trades are still half subjective..

Tomorrow when i back i will share some vision how to spot take profit and stop levels for the taken entrys.

And for the silent 300 Downloaders..
This (https://www.forexfactory.com/showthread.php?p=9919917#post9919917) Challenge still active as untill now only 2 person completed the challenge

Good night.
Take it easy.
  • #51
  • May 29, 2017 6:57pm May 29, 2017 6:57pm
yes you are right, trading is always subjective (risk, no risk ...) even if people use exactly the same indicators.
And agree also we need to work more on how to add strictly rules , reducing the part of subjectivity.

Challenge is a good idea, 50/50 sharing . great initiative !

Go to bed now, see u tomorrow girls and guys, trying tomorrow again together how to improve our trading using your indicators
  • #52
  • Edited 7:39pm May 29, 2017 7:05pm | Edited 7:39pm
Hi,

By curiosity decided to scalp with RSI Ultimate.
After last pullback entered short, considering also that price had just broke the support line from the 1st bounce. The RSI MA was also trending down, having a value around 7.
I was not too convinced initially about the trade but it went nicely reaching 12 pips for now.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY-ProM1.png Size: 46 KB
  • #53
  • May 30, 2017 3:46am May 30, 2017 3:46am
Trade taken when RSI ema cross the 0 level + DAVG color change + s/r and trend line break + EMA 200 break

Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 1.4 MB
  • #54
  • May 30, 2017 3:47am May 30, 2017 3:47am
Hi.... i still using supply and demand only, but i like testing new indicator, and this thread is good... thanks
Attached Image (click to enlarge)
Click to Enlarge Name: GOLDmicroH1 supply and demand.png Size: 42 KB
  • #55
  • May 30, 2017 6:42am May 30, 2017 6:42am
Hi Everyone its nice to see that things are getting in shape for some people , Here what i saw this morning , Yesterday's GU Trade went good
and lets see what EURJPY Will do now , Here is the chart and some ideas around.

Test Entry taken Pair : Eurjpy , Date : 30.05.2017:14:00 , Price : 123.686

NOTE : This entry taken for testing purposes , Nothing guaranteed here !

I did allso marked Previous BUY Entry after WAVG Green strong bar , First RSI Ultimate pullback.

Yesterday i shared 3 view about USDJPY , GBPUSD , EURUSD and they all moved as expected.
Attached Image (click to enlarge)
Click to Enlarge Name: 8966.png Size: 60 KB
Take it easy.
  • #56
  • May 30, 2017 6:53am May 30, 2017 6:53am
Hi quants, nice entry !

My AUDUSD still running , TP objective +30 pip (fibo 61.8 H1), will see...
  • #57
  • May 30, 2017 6:59am May 30, 2017 6:59am
It did happen 15 mins ago on GU
Attached Image (click to enlarge)
Click to Enlarge Name: 966.png Size: 61 KB
Take it easy.
  • #58
  • May 30, 2017 7:03am May 30, 2017 7:03am
Quoting manuoz
Hi quants, nice entry ! My AUDUSD still running , TP objective +30 pip (fibo 61.8 H1), will see...
Btw while i do post my previous testing entry hit SL Quickly , But i did re entried it as i still see down bias and it can recover it atleast.

Hello , Sent your DAVG Ultimate from private chat with baymax as you guys reached 2 examples



This is what happend on EURJPY Early this morning.

This is M5 Chart and looks interesting enough. First DAVG , WAVG Colours are allso seem have nice predictivity of the movement
Attached Image (click to enlarge)
Click to Enlarge Name: 789.png Size: 61 KB
Take it easy.
  • #59
  • May 30, 2017 7:04am May 30, 2017 7:04am
Quoting Quants
{quote} Hello , Sent your DAVG Ultimate from private chat with baymax
Thanks a lot , will try , check and tell you
  • #60
  • May 30, 2017 7:07am May 30, 2017 7:07am
First entry was already shown, the second one is a re entry after pullback on support.
I could have close both now, but will see how it goes...

Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 1.4 MB
0 traders viewing now